314 Broadway Avenue A.
Welland, ON $494,900

bed
3 Bedrooms

shower
2 Bathrooms

square_foot
1502 SQ/FT

house_siding
1 Stories

Turn-Key Investment Opportunity in the Heart of Welland! This extensively renovated, duplex at 314 Broadway Avenue offers a completely hands-off, high-yield addition to your portfolio. Boasting a strong 5.3% Cap Rate, this property requires absolutely zero capital expenditure—simply start collecting. The main floor unit features a bright, spacious 2-bedroom layout(potential 3rd) while the lower level offers a fully finished 1-bedroom unit. Both units have been completely modernized from top to bottom with contemporary finishes, updated kitchens, and pristine baths. Situated in a prime, high-demand rental location, tenants will love being steps from excellent local amenities, dog park and the vibrant Welland Recreational Canal trail system. Bonus Potential: The vacant lot next door is also available for purchase, offering incredible future development potential or land-banking opportunities. Don't miss this rare, stress-free income generator! (id:58067)

MLS # :

40844483

City :

Welland

Property Type :

Multi-family

Title :

Freehold

Basement :

Full (Finished)

Lot Size :

36 ft

Lot Area :

under 1/2 acre

Heating/Cooling :

Forced air Natural gas / Central air conditioning

Days on Market :

1 days